WOOL SALE DEADLOCK.

Taranaki Daily News, 19 November 1921, Page 5

WOOL SALE DEADLOCK.

A MESSAGE FROM BRADFORD. URGED TO SETTLE TROUBLE. By Telegraph—Press Association. Wellington, Last Night. Mr. Massey stated in the House this evening that, he had received a cablegram from the president of the Bradford Woollen Manufacturers’ Federation in reply to one he sent seeking advice relative to the deadlock in connection with the wool sales. This telegram said that the federation at a meeting yesterday had expressed a desire that the sales should continue with the least possible delay and brokers should limit their offerings to the shipping accommodation available. It was suggested the growers should exert their influence with the brokers and bankers to get over the difficulty regarding interest on the purchase money. The wool was needed for industry and the delay would be detrimental. Mr. Massey said Mr. Withy, . president of the Bradford Federation, was one of the smartest business men in England, and he hoped the woo! brokers and buyers would settle their differences and let the sales* go on. The Premier added that he had documents which would show that he had been able during the war period to make a bargain at Home that gave the New Zealand wool producers prices they would not have been able to get otherwise.